HFC Bank introduces 'Christmas Loan' at the lowest interest

HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited has announced a special loan package for both existing and new customers of the Bank at 15% to 17% interest depending on the income profile of applicant.

The interest rate of 15% to 17% being offered by the bank, is one of the lowest rate in the Market.

The Christmas Loan Sale is opened to all Government Workers and the Private sector workers, and offers ten times their monthly net income as a loan.

High Net worth customers could get up to twelve times their net income as a loan.

According to the General Manager for Retail Banking for HFC Bank, the HFC Christmas Loan Sale has been tailored to meet the various income earners’ profiles during the festive season and beyond.

“We all know that the best way to finance Christmas is to plan ahead and save for it, however, sometimes it’s not always possible. That is why we have introduced this Loan Sale at this time of the year so you can take advantage of it and achieve your wish list during the festive period,” she added.

As part of the Christmas loan Sale, the Bank is also offering a car loan at reduced rates depending on the income profile of the applicant.

The General Manager further indicated that the Package also offers applicants the opportunity to transfer their loans from other Financial Institutions to HFC Bank.

The Bank has therefore urged salaried employees of public and private sector, high net worth individuals, Chief Executives, Directors and Professionals to take full advantage of this offer whiles it last till the end of December 2017.